[Federal Register: December 12, 2006 (Volume 71, Number 238)]
[Rules and Regulations]               
[Page 74655-74656]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr12de06-14]                         


[[Page 74655]]

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Part IV





Department of Defense

General Services Administration

National Aeronautics and Space Administration





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48 CFR Chapter 1, et al.



Federal Acquisition Regulations; Final Rules


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

48 CFR Chapter 1

[Docket FAR--2006-0023, Sequence 8]

 
Federal Acquisition Regulation; Federal Acquisition Circular 
2005-15; Introduction

AGENCIES: Department of Defense (DoD), General Services Administration 
(GSA), and National Aeronautics and Space Administration (NASA).

ACTION: Summary presentation of final rules.

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SUMMARY: This document summarizes the Federal Acquisition Regulation 
(FAR) rules agreed to by the Civilian Agency Acquisition Council and 
the Defense Acquisition Regulations Council in this Federal Acquisition 
Circular (FAC) 2005-15. A companion document, the Small Entity 
Compliance Guide (SECG), follows this FAC. The FAC, including the SECG, 
is available via the Internet at http://frwebgate.access.gpo.gov/cgi-bin/leaving.cgi?from=leavingFR.html&log=linklog&to=http://www.regulations.gov.


DATES: For effective dates and comment dates, see separate documents, 
which follow.

FOR FURTHER INFORMATION CONTACT: The analyst whose name appears in the 
table below in relation to each FAR case or subject area. Please cite 
FAC 2005-15 and specific FAR case number(s). For information pertaining 
to status or publication schedules, contact the FAR Secretariat at 
(202) 501-4755.

                                          List of Rules in FAC 2005-15
----------------------------------------------------------------------------------------------------------------
      Item                          Subject                             FAR case                 Analyst
----------------------------------------------------------------------------------------------------------------
I..............  Payments Under Time-and-Materials and Labor-   2004-015                 Olson.
                  Hour Contracts.
II.............  Additional Commercial Contract Types.........  2003-027                 Olson.
----------------------------------------------------------------------------------------------------------------


SUPPLEMENTARY INFORMATION: Summaries for each FAR rule follow. For the 
actual revisions and/or amendments to these FAR cases, refer to the 
specific item number and subject set forth in the documents following 
these item summaries.
    FAC 2005-15 amends the FAR as specified below:

Item I--Payments Under Time-and-Materials and Labor-Hour Contracts (FAR 
Case 2004-015)

    This final rule revises and clarifies policies related to award and 
administration of noncommercial item Time-and-Materials (T&M) and 
Labor-Hour (LH) contracts and the policies regarding payments made 
under those contracts. The objectives of the changes are to ensure fair 
and reasonable prices under T&M and LH contracts and to eliminate 
confusion related to payment amounts for subcontractor provided labor.

Item II--Additional Commercial Contract Types (FAR Case 2003-027)

    This final rule implements section 1432 of the National Defense 
Authorization Act for Fiscal Year 2004 (Pub. L. 108-136). Title XIV of 
the Act, referred to as the Services Acquisition Reform Act of 2003 
(SARA), amended section 8002(d) of the Federal Acquisition Streamlining 
Act of 1994 (FASA) (Pub. L. 103-355, 41 U.S.C. 264) to expressly 
authorize the use of Time-and-Materials (T&M) and Labor-Hour (LH) 
contracts for commercial services under specified conditions.

    Dated: December 4, 2006.
Linda K. Nelson,
Deputy Director, Contract Policy Division.

Federal Acquisition Circular

    Federal Acquisition Circular (FAC) 2005-15 is issued under the 
authority of the Secretary of Defense, the Administrator of General 
Services, and the Administrator for the National Aeronautics and Space 
Administration.
    Unless otherwise specified, all Federal Acquisition Regulation 
(FAR) and other directive material contained in FAC 2005-15 is 
effective February 12, 2007.

    Dated: November 22, 2006.
Shay D. Assad,
Director, Defense Procurement and Acquisition Policy.

    Dated: November 22, 2006.
Roger D. Waldron,
Acting Senior Procurement Executive, General Services Administration.

    Dated: November 21, 2006.
Tom Luedtke,
Assistant Administrator for Procurement, National Aeronautics and Space 
Administration.
[FR Doc. 06-9611 Filed 12-11-06; 8:45 am]

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